NOT LISTED FOR SALE

Estimated Value: $452,466 - $541,000

4 Beds
2 Baths
1,720 Sq Ft
$294/Sq Ft Est. Value

Last Sold May 11, 2016

Last sale price $225,000 $131 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,967/month

91 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Patio
  • 2 Car Garage

About This Home

As of May 2016

This duplex is located on a corner lot with each unit facing a different street. Each unit has been updated and has its own garage and back yard space. Hardwood floors and central heat and air. Located near public transportation. Nice owner occupied neighbors!

Last Agent to Sell the Property

Rosanna Garcia

Garcia Realty License #01058309 Listed on: 01/07/2016

Co-Listed By

Franco Garcia

Garcia Realty License #00925201

Last Buyer's Agent

Rosanna Garcia

Garcia Realty License #01058309 Listed on: 01/07/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,000

Lot Details

  • 10,019

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments

Additional Features

  • Patio
  • 10,019 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Security Deposit $1,700
  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 053-0082-013-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Meadowview Subdivision

Building Details

  • 2 Leased Units
  • Insurance Expense $1,000
  • Operating Expense $4,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,000

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Architectural Style: Ranch
  • Levels: 0
  • Stories: 1
  • Subdivision: Meadowview
  • Year Built Details: Unknown
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Range
  • Flooring: Carpet,Wood,Linoleum/Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame,Lap Siding
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 225000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Central,Wall Unit(s)
  • Heating: Central
  • Utilities Expenses: 1800

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Public Trans Nearby,Yard Space
  • Association: No

Schools

  • Senior High School District: Sacramento Unified

Lot Info

  • Zoning Description: R1
  • Lot Size Acres: 0.2300
  • Lot Size Sq Ft: 10019

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total Deposit: 1700
  • Total # Leasable: 2

Multi Family

  • Gross Income: 21000
  • Operating Expense: 4360
  • Income Includes: Rent Only
  • Insurance Expense: 1000
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 053-0082-013-0000
  • Current RE Taxes: 2000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2016
Closed on
May 4, 2016
Sold by
Hill Renee
Bought by
Cheong Maxwell
Seller's Agent
Rosanna Garcia
Garcia Realty
Buyer's Agent
Rosanna Garcia
Garcia Realty
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Current Estimated Value
$505,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,617
Avg. Annual Appreciation
9.23%
Original Mortgage
$168,750
Outstanding Balance
$135,275
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$374,265

Purchase Details

Closed on
Aug 1, 2008
Sold by
Hill Michael R
Bought by
Hill Renee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,532
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Hill Renee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,532
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2008
Sold by
Mcdonald Joseph
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-7

Purchase Details

Closed on
Jun 9, 2006
Sold by
Kang Yue and Zhang Rongrong
Bought by
Mcdonald Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 3, 2002
Sold by
Craig Cora M and Craig Kenneth G
Bought by
Kang Yue and Zhang Rongrong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
6.74%

Purchase Details

Closed on
Jun 20, 2001
Sold by
Young Craig Johnnie
Bought by
Craig Kenneth G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cheong Maxwell $225,000 Old Republic Title Company
Hill Renee L -- First American Title Company
Hill Renee L $170,000 First American Title Company
Deutsche Bank National Trust Co $320,730 Service Link
Mcdonald Joseph $370,000 None Available
Kang Yue $172,000 Alliance Title Company
Craig Kenneth G -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheong Maxwell $168,750
Previous Owner Hill Renee L $154,791
Previous Owner Hill Renee L $167,532
Previous Owner Mcdonald Joseph $74,000
Previous Owner Mcdonald Joseph $296,000
Previous Owner Kang Yue $137,600
Previous Owner Craig Kenneth G $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2016 05/11/16 Sold $225,000 -4.3% $131 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $235,000 -- $137 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,404 $266,347 $71,024 $195,323
2024 $3,404 $261,126 $69,632 $191,494
2023 $3,317 $256,007 $68,267 $187,740
2022 $3,274 $250,988 $66,929 $184,059
2021 $3,118 $246,067 $65,617 $180,450
2020 $3,134 $243,545 $64,945 $178,600
2019 $3,069 $238,771 $63,672 $175,099
2018 $2,990 $234,090 $62,424 $171,666
2017 $2,944 $229,500 $61,200 $168,300
2016 $2,391 $184,815 $32,632 $152,183
2015 $2,349 $182,040 $32,142 $149,898
2014 $2,297 $178,475 $31,513 $146,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 16000758

MetroList

APN: 053-0082-013